NOT LISTED FOR SALE

720 Highview Terrace Lake Forest, IL 60045

Estimated Value: $806,000 - $1,108,000

4 Beds
3 Baths
1,904 Sq Ft
$472/Sq Ft Est. Value

Last Sold November 18, 2014

Last sale price $600,000 $315 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,690/month

109 Days on Market

Highlights

  • Cape Cod Architecture
  • Landscaped Professionally
  • Main Floor Bedroom
  • Sheridan Elementary School Rated A
  • Wood Flooring
  • 3-minute walk to South Park

About This Home

As of November 2014

Classic Cape has been renovated from top to bottom, including newer kitchen with granite counters, s.s. appliances and breakfast bar. Inviting living room with w/b fireplace and spacious dining room. 2 bedrooms on 1st floor w/ full bath, 2 beds on 2nd with full bath. Finished basement with 1/2 bath, landscaped, fenced yard, new paver patio, large 2 car garage with stand-up attic space. Great park at end of block.

Last Agent to Sell the Property

Keri Cook Falls

Berkshire Hathaway HomeServices Chicago License #471019311 Listed on: 06/13/2014

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Juli Hallas

Berkshire Hathaway HomeServices Chicago License #475155744

Berkshire Hathaway HomeServices Chicago

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,089

Year Built

  • 1942

Lot Details

  • Southern Exposure
  • Fenced Yard
  • Landscaped Professionally

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Cape Cod Architecture
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • Wood Burning Fireplace
  • Mud Room
  • Sun or Florida Room
  • Wood Flooring
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Brick Porch or Patio

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,089

Year Built

1942

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Train
  • Recent Rehab: Yes
  • Age: 71-80 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Cape Cod
  • Type Detached: 2 Stories
  • Estimated Year Built: 1942
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1942

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 8
  • Living Room: Dimensions: 22X14, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Fireplace Details: Wood Burning
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 14X13, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 14X10, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Pantry-Closet
  • Additional Rooms: Mud Room, Sun/Florida Room
  • Master Bedroom: Dimensions: 20X14, On Level: 2nd Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Additional Room 1 Name: Mud, Dimensions: 6X8, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Room 2 Name: Sunroom, Dimensions: 13X8, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Bedroom 2: Dimensions: 15X13, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Bedroom 4: Dimensions: 13X10, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Estimated Sq Ft: 1904
  • Dining Room Type: Separate
  • Family Room: Dimensions: 25X12, On Level: Basement, Flooring: Carpet

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Stucco
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Brick Paver Patio, Storms/Screens
  • Exposure: S (South)
  • Acreage: 0.1963

Garage/Parking

  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Storm
  • Heating Fuel: Gas

Schools

  • School District: 115
  • Elementary School: SHERIDAN ELEMENTARY SCHOOL
  • Middle School: DEER PATH MIDDLE SCHOOL
  • High School: LAKE FOREST HIGH SCHOOL
  • Junior High Dist: 67

Lot Info

  • Lot Dimensions: 59 X 150
  • Lot Description: Fenced Yard, Landscaped Professionally
  • Parcel Identification Number: 16042080120000

Tax Info

  • Taxes: 8004.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2014
Closed on
Nov 18, 2014
Sold by
Knipfer Mark and Knipfer Nanci
Bought by
Carter Justin F and Carter Danielle J
Seller's Agent
Keri Cook Falls
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Juli Hallas
Berkshire Hathaway HomeServices Chicago
List Price
$675,000
Sold Price
$600,000
Premium/Discount to List
-$75,000
-11.11%
Current Estimated Value
$898,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,892
Avg. Annual Appreciation
3.78%
Original Mortgage
$480,000
Outstanding Balance
$367,696
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$531,196

Purchase Details

Closed on
Aug 20, 2004
Sold by
State Bank Of The Lakes
Bought by
Knipper Mark and Knipper Nanci

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 4, 2002
Sold by
Goldman Marie O Levin
Bought by
State Bank Of The Lakes and Trust #99-105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
4.75%

Purchase Details

Closed on
Dec 29, 2001
Sold by
Sloan James E
Bought by
Goldman Marie O Levin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
4.75%

Purchase Details

Closed on
Jul 20, 2001
Sold by
Levin Steven B
Bought by
Gale John L

Purchase Details

Closed on
Jul 9, 2001
Sold by
Aaa Redemption Inc
Bought by
Levin Steven B

Purchase Details

Closed on
Jun 27, 2001
Sold by
Sloan James E
Bought by
Levin Steven and Gale John L

Purchase Details

Closed on
Jun 12, 1996
Sold by
Goryan Beverly C
Bought by
Sloam James E and Goryan Beverly C
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Carter Justin F $600,000 Chicago Title Insurance Comp
Knipper Mark $660,000 --
State Bank Of The Lakes $325,000 --
Goldman Marie O Levin -- --
Gale John L -- --
Levin Steven B -- --
Levin Steven -- --
Goldman Marie -- --
Sloam James E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carter Justin F $480,000
Previous Owner Knipper Mark $528,000
Previous Owner State Bank Of The Lakes $227,500
Closed Knipper Mark $65,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2014 11/18/14 Sold $600,000 -3.1% $315 / Sq Ft
09/30/2014 09/30/14 Pending -- -- --
09/26/2014 09/26/14 Price Changed $619,000 -4.6% $325 / Sq Ft
09/12/2014 09/12/14 Price Changed $649,000 -3.9% $341 / Sq Ft
07/25/2014 07/25/14 For Sale $675,000 0.0% $355 / Sq Ft
06/18/2014 06/18/14 Pending -- -- --
06/13/2014 06/13/14 For Sale $675,000 -- $355 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,089 $205,119 $92,706 $112,413
2023 $11,589 $184,892 $83,564 $101,328
2022 $11,589 $198,593 $91,799 $106,794
2021 $10,984 $191,970 $88,738 $103,232
2020 $10,679 $191,970 $88,738 $103,232
2019 $10,294 $191,072 $88,323 $102,749
2018 $9,652 $190,555 $89,682 $100,873
2017 $9,543 $189,456 $89,165 $100,291
2016 $9,147 $180,366 $84,887 $95,479
2015 $8,913 $167,579 $78,869 $88,710
2014 $8,300 $155,921 $57,048 $98,873
2012 $8,004 $156,831 $57,381 $99,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08643792

Midwest Real Estate Data (MRED)

APN: 16-04-208-012